FRIENDS OF RECOVERY NH

EIN: 020521502 501(c)(3) Mental Health

MANCHESTER, NH

Total Revenue
$509,806
Total Expenses
$558,778
Total Assets
$1,454,966
Net Assets
$1,114,803
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2001
Legal Domicile
NH
Principal Officer
RANDY STEVENS
Phone
6039357524
Tax Period
2023-07-01 to 2024-06-30

FRIENDS OF RECOVERY NH, founded in 2001, is a small nonprofit in the Mental Health sector that reported $510K in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $1.1M represent 26 months of operating reserves.

Mission

FRIENDS OF RECOVERY, NH D/B/A HOPE FOR NEW HAMPSHIRE RECOVERY'S MISSION IS TO SUPPORT PEOPLE IMPACTED BY ADDICTION THROUGH LIVED EXPERIENCE ON THEIR PATH TO WELL-BEING.

Program Service Accomplishments

Program 1
Expenses: $365,263

RAISE AWARENESS AND EDUCATE THE GENERAL PUBLIC ABOUT THE NATURE OF ADDICTION, THE EFFECTIVENESS OF TREATMENT, AND THE VALUE OF HOPE AND RECOVERY THROUGH COMMUNITY AWARENESS AND EDUCATION INITIATIVES...

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RAISE AWARENESS AND EDUCATE THE GENERAL PUBLIC ABOUT THE NATURE OF ADDICTION, THE EFFECTIVENESS OF TREATMENT, AND THE VALUE OF HOPE AND RECOVERY THROUGH COMMUNITY AWARENESS AND EDUCATION INITIATIVES, ADDICTION CARE MANAGEMENT, PEER-TO-PEER SERVICES, AND WORKPLACE WELLNESS PROGRAMS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $496,321
Program Service Revenue $21,052
Investment Income $1,834
Other Revenue $-9,401
TOTAL REVENUE $509,806

Expense Breakdown

Grants Paid $0
Salaries & Benefits $353,063
Fundraising Expenses $35,341
Program Expenses $365,263
Other Expenses $205,715
TOTAL EXPENSES $558,778

Year-over-Year Comparison

2023 2022 Change
Revenue $509,806 $469,262 +0.1%
Expenses $558,778 $522,110 +0.1%
Net Income $-48,972 $-52,848 -0.1%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✓ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
7
Independent Members
7
Employees
26
Volunteers
9

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✓ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$22,500
Total Directors
6
$22,500
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RANDY STEVENS EXECUTIVE DI 40.00
Officer Director
$22,500 $0 $22,500
MARGO COMPAGNA SECRETARY 2.00
Officer Director
$0 $0 $0
ROBERT PINCIARO DIRECTOR 2.00
Director
$0 $0 $0
MICHAEL RAMSHAW DIRECTOR 2.00
Director
$0 $0 $0
DAVID SLAWSKY CO-CHAIR 2.00
Officer Director
$0 $0 $0
TIFFANY WADDINGTON TREASURER 2.00
Officer Director
$0 $0 $0
JACOB YOUNG CHAIR 2.00
Officer
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 No data No data No data No data
2024 $509,806 $558,778 $1,454,966 $-48,972
2023 $469,262 $522,110 $1,582,981 $-52,848
2022 $513,739 $522,293 $1,505,874 $-8,554
2021 $560,957 $428,590 $1,514,358 $132,367
2020 $536,728 $475,033 $1,436,710 $61,695
2019 $513,616 $542,206 $1,313,227 $-28,590
2018 $845,503 $900,172 $1,281,005 $-54,669
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